Chinese residents were among those invited to participate in a mock U.S. election in Beijing. The WSJ’s Bob Davis tells us about the reaction to some resident’s first lesson in democracy.

This transcript has been automatically generated and may not be 100% accurate.

I ... the ... the ... it is ... the ... I'd ever con welcome to this special edition had a chat today on the U S presidential election ... four more years that Obama is elected into the White House ... the sale by getting three hundred and three intellect world that's compared to two hundred and six for Governor Romney ... Cheney me on sat here in Hong Kong reporter Alex Frangos a K Alix ... looking at the final map I've is free and clear we know for Obama ... on floured and still counting but Ohio Obama ahead by just a sliver but ... this raises really over when to Ohio have voted for Obama with then I was the linchpin in OCBC Virginia is well they're really close the path for Romney ... basically what happened ... last night was everything went according to plan for for Obama ... all the battleground states see from North Carolina Peter went to Obama or he's Coast again in the case of Florida ... so we know everything that the plant has a voter turnout and ... you know of the demographic shifts that they were expecting in Jersey increases in Latino vote it all happened in all came into focus it all came in to plant ... in southern now looking at oh when of either three hundred and three electoral votes are fretting in Florida up into the three theories ... is that you know that would be a big winger electoral college on the popular vote they're also ahead aam not new of as much due from Parker but this will be one of the tightest elections in you know the last twenty thirty years ... including two dozen four including two thousand where you're in this in this period time were were having a lot of very very tight elections the debt we obviously we we we witnessed the celebrations in that era of Obama supporters but now really realities can affect him right I mean this is it so much talk about the fiscal cliff ... um what Obama is going to do next and how he's going to deal with the with some of the Proms in the US again with and witty as she faces will we wake up to you on Wednesday morning or are we in the US is status quo the same president you have it as a Democratic Senate Republican House and the same fiscal cliff issues the presence signaled that he wants to get this taken care of quickly ... aam but ... there's not really change we don't know is this election result big enough for Obama that it is you know what you what he was looking for to break the fever in the Republican Party of ... your pose in which he wanted will he break his fever is they see it in terms of him not you're going to their side ... that's yet to be seen ... aam but you know really not much change and the situation so that now flashback to four years ago and the economy was in so much worse shape so Obama comes and give unemployment trending down trending up your economy growing if people more optimistic ... so you can say he's rate now he's you know he comes to the table with a better set of cards in four years ago at a lot of people saying Hurricane Sandy was really bad ... at good thing for Obama have nothing gained a lot of that that that with any big surprises during this election ... um you know there were I think the big surprise are a lot of people you know depending on your point of view one was here that Romney was so close that the selection is so tight we knew was just ... you literally a month ago before the first debate that Romney will play key this is gonna be a washout ... and he made this one of the closest elections ever ... on the other side the GOP is can it be incredibly disappointed ... this was you know they were going up against a president with an eight percent employment rate incredibly unpopular in transom in the midterm elections and they really feel like they should've won and he didn't and it's going to be really depressing for them and they're going to wake up and is already calls within the party to re evaluate their stance on immigration a whole set of issues to you focus on how to get back in twenty sixteen ... and you get back in the White House and not to mention add Democrats Rick Rick a majority of Sunday the Republicans of the house ... um that's a tough cover and it's it's been a tough climb it though that past few years and and that was set to continue yesterday's divided government continued to question is ... you know from team something changed in the can can the leadership in the in in in a Congress and an Pres Obama ... get together in just a look now we really have to do some it is at best the calls that didn't you hear from people is ... that they want them to do something they want them to work they don't want this gridlock but gridlock is what we've had and maybe will continue to ... tablets what are some of the key foreign policy issues going for it I mean ... in every stock ... of all I we we know what happened in the past four years but now I'm looking and we didn't really care alot about form posse until the end of the campaign yet will I mean it's second terms tend to be very important for foreign policy ... for presidents day ... the focus on more we had some comments today from the European ... leaders are somewhat younger from Luxembourg to ... use and second terms presidents tend to be new easier to deal with as a year from foreign leadership ... prospectus that your dish huge challenges as Afghanistan which Obama wants to wrap up get troops out of ... on fears the situation with Iran and nuclear programme relations with Israel on Sino US relations ... in all all all set of issues and then as we've seen you just don't know what's gonna happen and who the Utica be all sorts of unexpected events that the Obama staff to deal with ... aam but you know the place is already full the cayenne and that way Asia Markets Asia markets today and it did next Sunday that have ... at Markets Editor Jake Lee joining us here on Saks at this and Jake what was the reaction to that ... a reading funk right to markets as we sold a swing state to talk about the ... move towards Obama ... that's one missile market selloff is ready for when we're expecting roll new space to disprove great guy and now because the stalks as that connects to the likelihood the sun is setting still ... present day wore on we got to see Stocks Edge Up Heidi us teaches heading higher Asian stocks higher ... with the other things higher ... Regis means that this insurgency due to the election would be Romy with the Obama was up for that mean for on ... quantitative easing the fiscal cliff police ECB to back ... its Alcon eye we all know what's gonna happen for a nice we note little bit more to me did you know yesterday ... to people taking that finally as opposed to the digestive will ... receive things in Shanghai ... again so what will the markets be looking to now I mean it that you said it is that the uncertainty is what makes markets more volatile so what are they looking for now ... why the markets have at this time second is that we've had the presidential election gone massive fiscal cliff how we Guinea get through that ... and that's why people saying ... we are seeing are ready now but don't expect you to go very high because for this fiscal cliff looming at the end of this year ... it's a big worry for investors we still have the Obama administration handled the last crisis with trying to that that that seating he did get through but the two can ride up to the wire markets hate it that ... so does a little bit of the oven set the scene that how Obama negotiate with him with Republicans a favor the fiscal cliff ... the bath wouldn't be looking to ... use and of the SNP's about that to rise even be managed is will the expenses ... the cayenne at one place that we thought yes features actually going down right away you make of that one thing that just the initial reaction fall and the Orthodox view that people are whining the so the Romy progress and ... progress that's um ... said I really think ... in markets from predictable faithful a deal stock Steve back as they came to so to see the a bomb was a very Kamin victory every happen go quite quickly ... it was done ... Romy conceded quite easy ... thing that just ate them a little bit of this of of of of possible causes has pushed this ... uncertainty was well and truly a but it wasn't just an IRA bomb victory he seems to be more substantial than ... than perhaps some people have been guessing ... and cake thanks AmEx Markets Editor Jake Lee ok coming out after the break ... we're going to see you oh what a just botched and the U S presidential election ... the the the the the the ... you're watching video ads you think the card at the great school Obama attended ... training for July after they learned at his re-election and ... now when and where to get its time now where actually ironically there was a mock election where the US embassy invited Chinese residents ... joining me now is the bomb gave this app from Beijing ... I ... you ... bother what the reaction to China's I mean obviously Chinese residents can vote in any election themselves so what was it like for them to participate in a mock U S election ... well you know it's really kind of enduring actually I mean people were lining up ... having to balance they went behind a curtain ... in the Cnooc darker than I thought about when they come outside but in a box ... I and everyone and their friends to take a picture of them ... and he was really you know we we ... knew we inspiring in some ways I mean they add ... Chloe enjoyed the idea of voting even though they didn't have ... some rights and that ... were all smiles afterwards ... on one thing that didn't hurt any any objection from China and given the fact that this kind of an education on voting and democracy ... the ... thing so I think the iam I think this is pretty careful about ... inviting people that were on their outreach list I spoke to one professor ... who had voted and he said none of the students got invited ... he had been invited because he was a Fulbright fellow and they invited ... people fall By fellows so I don't I don't think so I mean the sort of things ... that I like the mighty ten million people and there you know it sounds ... kind of ... only two weeks but it still is very interesting ... so the only Obama coming in for a second term he's obviously had a somewhat testy relationship rocky ride with the Chinese ... will will what's the impression inside China what a second Obama term is going to be like it ... and how was he in a deal with it the transition is gonna happen in China in the coming weeks we have union leaders ... in China and in the same leader in the US ... why did I mean I think ... you know I think the general impression there's more to say which is probably there you know the correct impression ... I mean there will be cause I guess ... you know people getting to know each other ... she's UK in the ditch on have done some experience in the U S for not a heckuva lot ... lead us to have another Treasury secretary ... and in the under Secretary of the Treasury who doesn't get much attention the brain aired ... I think all the ... it still around and so she would represent some continuity on ... the U S side but on the Chinese side we don't know who's going to replace ... Pawan quiche John who is ... slated to get a promotion ... so we don't know who the Chinese into law control will be ... so though be some feeling out ... there be some feeling out period but he added that this substance of the relations I think is still ... the only ahead in the same direction than it did before the election ... a K and bought me not to say we heard that the currency content native I've Romney added ... it to anyone who is going to call the time that a currency manipulator should he be elected into the U ... S I really care about this kind of political ... banter ... I think China would have carrier really quite a bit of it Romney had been elected and which is these huge and ... can carry that with the city was going to do I think here and China ... we TiVo just you know they use ... is to use to being a punching bag in U S politics and I don't think ... it's a good all that seriously ... um I think there was some nm somethings H P but you should take that ... seriously which was the way in which Obama characterize ... his interviews you ... trade plan ... which I think is aimed at China in the US was located year before hand about saying what I wanted to ... as a thanks Fran much Bob Davis gyrating as engaging and thanks to Alex Frangos Cheney me here and honk on ... well here and honk on that actions of private watched the LX and the carefully very up and ... and ... and were clearly divided overseas as to who they really want to win ... mom was actually created jobs in four years ... in implementing has broadened its ... economy is building up slowly but surely ... he got a spot of the war of Iraqis getting this out of the war of Afghanistan ... the Republicans are right when the theological ... on extremist Obama is more moderate and inclusive socially speaking well as CEO of the global company based in Hong Kong ... you know it's one that rates quite event ... I believe it ... labeling China as a currency manipulator she heard us ... but I think that this is an overseas business man earn American living in Hong Kong ... a ... more pro business to me that understands business will be much better for the American economy ... the guy Johnson libertarian candidate ... I may be what it the people here that that that I'm ... it was ... not happy with either to see a major party candidates app but also there lots of things about Johnson ... I really like to ... get them on everything but my next ten years closer to his closer to my policy positions ... at the pizza was better to watch the overseas because ... you get a lot information they're looking for and that it's really important ... place to live ... don't get to see that things like the ad campaigns that most people in swing states just get harder ... really it stands ... out to me that distorts the US ... because each dressed in ... silk robot much it's music salons ... and that's it for our special on the U S presidential election and we will have continuous coverage on WS J dot com ... starting with the first day of another four years of Obama as president I'm Deborah con thanks for watching ...